GENERAL KNOWLEDGE

GK

CO OPERATION CO OPERATIVE SOCIETIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The memorable phrase ‘each for all and all for each’ was coined when the ____ was formed with the membership of poor people for poor farmers and artisans.
A
Poor People’s Committee
B
Heddesdorf Credit Union
C
Heddesdorf Beneficent Society
D
The General Union of German Industrial Societies
Explanation: 

Detailed explanation-1: -The Rural Credit Survey Committee in 1954 recommended state participation in cooperatives at all levels.

Detailed explanation-2: -In 1901 the Famine Commission recommended the establishment of Rural Agricultural Banks through the establishment of Mutual Credit Associations, and such steps as were taken by the Government of North Western provinces and Oudh.

There is 1 question to complete.